Follow these quick and easy steps to submit your Indian Income-tax Return to the Income-tax Department of India.
Step 1: Visit myITreturn.com
Step 2: Login / Sign-up to proceed
Step 3: Enter Personal details
You need to provide your personal details such as PAN, Date of Birth, E-mail Id, First name, Middle name, Last Name, Gender, Father's Name, Contact Number and Aadhar Number / Aadhar Enrollment Number so that a Tax Filer is created.
Step 4: Choose how you wish to start
- Upload Form 16- If you have Form 16, you may upload it and all its details will be saved by the system.
- Easy E-file- You may go by adding your salary income details on your own.
Check the Guide to Upload Form 16 or proceed with the Easy E-file option.
Step 5: Choose Income source
Questions will appear about your sources of income during a financial year. You need to answer them in YES/NO.
(Even if you forgot to select YES for any income at this screen, you can add such income at any time afterward)
Step 6: Select Residential Status
While filing an e-return, you need to select the residential status as "Non-Resident Indian (NRI)".
Step 7: Select relevant Income details to fill
You need to go through the various Income heads available in the Income menu such as Salary, House Property, Income from Bank Interest, Other Income- Casual Income, Other Income- Family Pension, Capital Gain- Security, Capital Gain- Land and Building, Capital Gain- Deemed Capital Gain, Agriculture Income, Special Rate Income, Exempt Income.
Step 8: Enter Deductions
If you have invested or spent any amount for tax saving deduction, you need to enter amounts at the relevant sections
Income Tax Act has provided various sections for tax saving deductions.
- Investment in Provident Fund, NSC, certain bank fixed deposits and mutual funds, etc. covered under section 80C.
- Premium paid for Life insurance is also deductible U/s. 80C whereas premium paid on health insurance is covered U/s. 80D.
- If you donate any amount to a charitable trust, you will get tax savings deduction U/s. 80G.
Most common deductions are shown on screen, however, if you wish to enter other deductions such as the deduction for royalty, etc. you need to click on "More deductions".
Step 9: Fill Foreign Income if any
You need to go through the options to update other foreign details such as Foreign bank accounts, Foreign immovable property, Foreign asset details, Foreign signing authority account, Foreign trusts as a trustee and Foreign other income.
Step 10: Review Summary of Income and File
Review the summary of your income and file.
Step 11: Get Acknowledgment
Your Income-tax return will get filed automatically.
You will get ITR-V in your e-mail sent directly by the Income-tax Department.
Step 12: E-verify your Income-Tax return
Once you receive ITR-V, you will either have to do e-verification through the online process or send ITR-V to CPC Bengaluru.
Due Date of tax filing for an NRI is the same as of Resident, which is 31st July of every year unless extended. To know more about NRI tax filing documents required etc, click here
IMPORTANT: There is a penalty of Rs. 5,000 or more if you file your Income-tax return after the due date. File your return now | Read More about the penalty.